Banks must disclose market, face value of repo, reverse repo deals, RBI says

The Reserve Bank of India clarified that banks must disclose repo and reverse repo transactions in both market value and face value terms. This is in response to banks’ queries on financial statement disclosures. The RBI’s guidance applies to all commercial and cooperative banks from the financial year ending March 31, 2025, onwards. The Reserve Bank of India clarified that banks must disclose repo and reverse repo transactions in both market value and face value terms. This is in response to banks’ queries on financial statement disclosures. The RBI’s guidance applies to all commercial and cooperative banks from the financial year ending March 31, 2025, onwards.  Economic Times